Iowa Shrm Council
- Assets
- $376.9k
- Revenue
- $225.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Urbandale, IA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 80-0585105
Organization Overview
Iowa Shrm Council is located in Urbandale, IA. The organization was established in 2014. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Shrm Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Iowa Shrm Council generated $225.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $212.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE IOWA SHRM COUNCIL WAS FORMED TO PROMOTE AND PROVIDE ASSISTANCE TO THE THIRTEEN (13) AFFILIATE CHAPTERS OF THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM) LOCATED WITHIN THE STATE OF IOWA. THE PRIMARY ACTIVITIES OF THE IOWA SHRM COUNCIL INCLUDES THE PLANNING, PROMOTION, COORDINATION, AND HOSTING OF TWO (2) ANNUAL CONFERENCES: THE IOWA SHRM STATE CONFERENCE AND THE IOWA SHRM STATE LEADERSHIP CONFERENCE. EACH CONFERENCE IS INTENDED TO PROVIDE EDUCATION ON AND AWARENESS OF THE VARIOUS ISSUES FACING HUMAN RESOURCE MANAGEMENT PROFESSIONALS. IN ADDITION TO THE STATE CONFERENCES, THE IOWA SHRM COUNCIL SUPPORTS STUDENTS INTERESTED IN THE FIELD OF HUMAN RESOURCE MANAGEMENT THROUGH ITS PARTICIPATION IN THE ANNUAL NATIONAL STUDENT HUMAN RESOURCE CONFERENCE. THE IOWA SHRM COUNCIL ALSO PRESENTS WEBINARS TO EDUCATE HUMAN RESOURCE MANAGEMENT PROFESSIONALS WHO ARE INTERESTED IN SEEKING FURTHER PROFESSIONAL CERTIFICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE CONTINUING EDUCATION OPPORTUNITIES FOR HR PROFESSIONALS THROUGH AN ANNUAL STATE CONFERENCE AND A STATE LEADERSHIP CONFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jolene Griffith Director | Trustee | 3 | $0 |
Jeff Staton Past Director | Trustee | 2 | $0 |
Barb Davis Secretary | Trustee | 2 | $0 |
Patrick Moran District Director | Trustee | 2 | $0 |
Randy Westman District Director | Trustee | 2 | $0 |
Katie Stull District Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,953 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,953 |
| Total Program Service Revenue | $222,573 |
| Investment income | $32 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $225,558 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,577 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $441 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,150 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $193,483 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,177 |
| All other expenses | $0 |
| Total functional expenses | $212,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,169 |
| Savings and temporary cash investments | $306,744 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $376,913 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $376,913 |
| Total liabilities and net assets/fund balances | $376,913 |
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